Peru relies on a portfolio of 363 major projects worth around US$115.467 billion,
"These investment projects represent around 50% of GDP this year. Only the ones with a minimum investment of US$10 million were considered (…)," IEDEP Executive Director Cesar Peñaranda expressed.
Furthermore, he pointed out Lima, Cusco, and Arequipa regions have the highest participation in national GDP, as well as the highest number of investment projects: 45, 32, and 30, respectively.
Concerning regions, Cajamarca (US$19.178 billion), Piura (US$13.442 billion), Lima (US$12.406 billion), and Apurimac (US$11.838 billion) regions concentrate the highest investment amounts.
On the other hand, there are 48 Public-Private Partnership projects worth US$10.025 billion, which might be awarded by ProInversion.
Public investment and Works for Taxes
Moreover, public investment's 120 projects amount to US$12.027 billion, while Works for Taxes' 36 projects reach US$129 million. 40% of the latter are linked to the education sector
Works for Taxes
is an income tax payment mode that allows companies to pay part of their tax bill by investing in public works, thus eliminating government institutions' need to mobilize public funds.